FDIC Certificate #: 27427 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:National Bank of Commerce (#4978) Federal Reserve ID: 1356919 Date Established: January 10, 1989 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 7 (Interstate: No) OTS Docket #: 11786 FDIC's unique #: 39899 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 10, 1989 Last Structure Change Effective Date: September 17, 1999 Last Structure Change Process Date: September 27, 1999 Last Data Update: September 27, 1999 Data Source Date: April 05, 2012
Location
Address: 1691 North Mount Juliet Road, Mount Juliet, TN 37122 County: Wilson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Nashville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Nashville, TN (#5360) Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400) Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980) CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
Financial Summary
Total assets: $276.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
109Total employees (full-time equivalent)
$269,111Total assets
$11,287Cash and due from depository institutions
$0Interest-bearing balances
$56,347Securities
$12,485Federal funds sold & reverse repurchase agreements
$177,988Net loans & leases
$1,821Loan loss allowance
$0Trading account assets
$8,067Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,937All other assets
$269,111Total liabilities and capital
$250,352Total liabilities
$247,798Total deposits
$205,222Interest-bearing deposits
$247,798Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,064Other borrowed funds
$0Subordinated debt
$1,490All other liabilities
$18,759Total equity capital
$18,759Total bank equity capital
$18,759Perpetual preferred stock
$0Common stock
$2,650Surplus
$4,010Undivided profits
Memoranda
$12,099Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$345Earning assets
$0Long-term assets (5+ years)
$1,513Average Assets, year-to-date
$246,820Average Assets, quarterly
$31,533Volatile liabilities
$236,513Insider loans
$255,847FHLB advances
$36,771Loans and leases held for sale
$3,433Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,438Total risk weighted assets
$37,080Total unused commitments
$0Restructured Loans and leases
$187,740Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$18,913Total interest income
$8,867Total interest expense
$10,046Net interest income
$480Provision for loan and lease losses
$2,554Total noninterest income
$0Fiduciary activities
$1,041Service charges on deposit accounts
$0Trading account gains & fees
$1,513Additional noninterest income
$7,765Total noninterest expense
$4,439Salaries and employee benefits
$1,204Premises and equipment expense
$2,122Additional noninterest expense
$4,355Pre-tax net operating income
$27Securities gains (losses)
$1,476Applicable income taxes
$2,906Income before extraordinary items
$0Extraordinary gains - net
$2,906Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$363Sale, conversion, retirement of capital stock, net
$725Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.66%Yield on earning assets
4.06%Cost of funding earning assets
4.60%Net interest margin
1.17%Noninterest income to earning assets
3.56%Noninterest expense to earning assets
1.22%Net operating income to assets
1.23%Return on assets (ROA)
1.85%Pretax return on assets
16.73%Return on equity (ROE)
12.56%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
132.23%Credit loss provision to net charge-offs
13.32%Efficiency ratio
61,627Assets per employee
2.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.95%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
527.83%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.19%Net loans and leases to deposits
71.83%Net loans and leases to core deposits
84.16%Equity capital to assets
6.97%Core capital (leverage) ratio
7.32%Tier 1 risk-based capital ratio
9.81%Total risk-based capital ratio
Memoranda
$11Average assets
$236,513Average earning assets
$17,368Average equity
$218,289Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Bank & Trust.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: